Disaster Recovery Plan
Disasters are unavoidable within businesses and organizations alike. Disasters not only affect the business and organizational continuity, it will also result in a major modification of the organization’s operational mechanisms (Awasthy, 2009). Businesses now prepare a business continuity plan and a disaster recovery plan because of these reasons so that they may simplify the disaster management when next one occurs. It is highly important for every business to have an effective disaster recovery plan to go to in the event of a disaster (Thejendra, 2008). This disaster recovery plan has been created and prepared for Bain & Company. This plan will determine the goals and objectives as well as the programs for properly handling natural disasters and threats that could harm the company. A framework will be provided for recovery by predicting future threats or disasters that could happen around or within the business. This DRP will be targeted toward the security and protection of the business customers and employees. This plan will also help to mitigate business downtime that will usually happen during a disaster. A few examples of disasters that could occur are natural disasters, such as hurricanes, tornadoes, earthquakes, etc. As well as terrorist threats such as strikes, bomb threats, fires, etc. (Thejendra, 2008).
Bain & Company Bain & Company is a business-consulting organization that provides assistance and aid to many organizations to help them
Presentation regarding the university’s Disaster Recovery Plan/Enterprise Continuity Plan including: basic structures; roles within the DRP/ECP plan; areas within a company if addressed improve resilience to catastrophic events, and an employee awareness campaign.
In this assignment, I will go over the different items related to the disaster recovery plan. I will go over the purpose of the plan, explain the key elements that go into a plan, the methods of testing the plan, and why we test the plan. All while explaining why the disaster recovery plan is so critical to businesses in the event of an emergency.
Thank you for your response. Whenever a crisis hits an organization, not even the best business insurance can fully compensate for the loss. So after the horrific events of 911, human resource and risk management departments (Washington DC adjacent companies) acknowledged the need for continuity /disaster recovery plans. In many cases, insurance carriers required a written continuity /disaster recovery plan on file for continued coverage.
During a disaster or emergency, the company must maintain normal operations required to address time-sensitive, disaster-specific issues. No plan can anticipate addressing all the human, operational and regulatory issues raised during a disaster or emergency.
When it comes to the company XYZ Computers the disaster recovery plan needs to incorporate a lot of different questions that have to be answered before you can implement whatever they want achieved. The main questions that are brought up when assessing any question is,”How do we fix this? What are the costs associated with the plan presented?” Another question that should be asked but often isn’t, is “Can we anticipate this problem to help block it before it happens?” From there different categories should be implemented as manmade although not as common as a natural disaster that will affect your system, it still needs to be considered. There should also be a ranking system in the plan using two categories, these
These chapters discuss the recovery strategies that the business would need to restore vital functions to an acceptable level following a disastrous event. Without these plans or strategies, a business could suffer tremendous losses such as market share, competitive advantage, and valuable customers. Having the CEAS program is one way that an organization attempts to remedy this situation. It is very important that CEAS is incorporated in the disaster recovery plan of all business entity. Pre-selected employees that would need access to the facility, and processes that would need to be up and running will go a long way in preserving a company’s data, reputation, and financial resources, and competitive
First, Incident Response (IR) plan “is a detailed set of processes and procedures that anticipate, detect, and mitigate the effects of an unexpected event that might compromise information resources and assets.” (Whitman, 2013, p. 85). Consequently, Incident response planning (IRP) is the planning for an incident, which occurs when an attack affects information systems causing disruptions. On the other hand, Disaster Recovery (DR) plan “entails the preparation for and recovery from a disaster, whether natural or human-made.” (Whitman, 2013, p. 97). For instance, events categorized as disasters include fire, flood, storm or earthquake. Thus, the differences between an Incident Response (IR) plan and a Disaster Recovery (DR)
* The technical assessment team is responsible for monitoring all sources of alerts, logs, and other warnings in the environment. In the event of an incident, they are responsible for determining if a response is necessary and notifying the coordinator.
A Disaster Recovery Plan is an essential element of a comprehensive Business Recovery Program. Other elements include the Business Continuity Plan, the Business Impact Analysis, the Vital Records List, and the Emergency Response Plan.
Disasters weather man-made, natural, or technological are ineluctable. Community stakeholders, leaders, and citizens are ultimately culpable for ensuring that a sound disaster preparedness and recovery plan is in place should a calamity materialize. Failure to enact such a plan comes with immeasurable consequences. Over the discourse of this paper, the Banqiao Dam disaster will be examined as a case analysis, to render what preparedness and recovery plans were sanctioned, as well as the scope of the response effort.
Disasters have become an inevitable part of businesses and organizations as well. They not only have a major effect on business and organizational continuity; they also result to an overhaul in organizational operational mechanisms (Awasthy, 2009). It is for this reason that many organizations and business resort to preparing business continuity plans and disaster recovery plans that will facilitate better disaster management in future. Effective disaster recovery plans are important to every business and organization (Thejendra, 2008).
Disaster Recovery Planning is the critical factor that can prevent headaches or nightmares experienced by an organization in times of disaster. Having a disaster recovery plan marks the difference between organizations that can successfully manage crises with minimal cost, effort and with maximum speed, and those organizations that cannot. By having back-up plans, not only for equipment and network recovery, but also detailed disaster recovery plans that precisely outline what steps each person involved in recovery efforts should undertake, an organization can improve their recovery time and minimize the disrupted time for their normal business functions. Thus it is essential that disaster recovery plans are carefully laid
Owning a business can have many stressors day to day. When starting a business there is a lot of planning and preparation involved. Many small businesses are owners who have put their own money into the business and look at it as an investment. Unfortunately with all the planning that goes into starting a business, one thing is often over looked. Most of the time the “what ifs”, are not part of the planning stage. One reason for this is that people do not like to think of the bad things that could or may happen. So with all the time and planning put into starting a business why not put some extra thought into a plan B if a disaster strikes? This plan B could be a business continuity plan or a disaster recovery plan. Business continuity plans are an essential part of the modern day business. There are so many potential disasters for small businesses that could seize the production or even close the business down for good. A recent study from Gartner Inc., found that “90% of companies that experience data loss go out of business within two years. It also found that 80% of company owners have not thought about how they would keep their businesses up and running if a data disaster occurs.” According to the Association of Records Managers and Administrators, “about 60 percent of businesses that experience a major disaster such as a fire close
Disaster recovery plan (DRP) is a clearly defined and documented plan of action for use at the time of a crisis. Typically a plan will cover all the key personnel, resources, services and actions required to implement and manage the DR process (comission, 2014).
Contingency planners are now asserting that contingency planning is a value-added component that can be a competitive advantage in the marketplace as well a means of helping organizations save money. Processes that are deeply analyzed in terms of continuity will usually be more secure, and new ways of working may emerge to help streamline operations. Contingency planning can be useful when forging alliances with external organizations or during acquisition phases. Contingency planning should be part of an organization’s quality cycle as well. “Business continuity and disaster recovery have gained somewhat in the eyes of top corporate management since the start of the 1990s. As the industry has slowly evolved from what could almost have been called a ‘black art’ to something starting to resemble a disciplined science, basic business principles have begun to become increasingly relevant” (Rothstein, 2003, p. 1).